RiskScreen

Some interesting findings in our analysis of the 2022 data. We have seen an increase of SARs submitted by the Banking sector of 60% and by the TCSP sector of 95% when compared to 2021 figures #aml #cft #cpf. Take a closer look at our report: rb.gy/0ps66

📢"We need to be wary of donors who are close to foreign governments who may not share our values," says our Executive Director @susanpjhawley, writing for @MetroOpinion on the serious risk to the UK's democracy posed by dirty money. #NationalSecurityBill metro.co.uk/2023/05/10/for…

U.S. AML enforcement rebounded moderately in terms of volume in 2022, data compiled by @ACAMS_ml_com shows, but the aggregate value of AML-related regulatory penalties dropped. Learn more, in front of the paywall: bit.ly/44JbVrD

China’s war chest: how Beijing is using its currency to insulate against future sanctions theguardian.com/world/2023/may…

📣Counting down for FFECON23! Our Senior Research Fellow @kathrynwestmore will be speaking at the "FinCrime Fad or the Future" panel. Don't forget to join. Get your tickets and find out more 👉fintrail.com/ffecon23

When jurisdictions implement #BeneficialOwnership (BO) #transparency, which corporate vehicles should be required to disclose BO information? Our latest policy brief sheds light on which entities should disclose ownership information: openownership.org/en/publication… #OpenData

🔴Ahead of #AMLD6 negotiations, nearly 200 signatories have joined us in calling on @McGuinnessEU (@EU_Finance) to explicitly support strong provisions for meaningful stakeholder access to EU beneficial ownership registers. transparency.org/en/press/open-…

Despite the result of today's vote, it was heartening to see strong cross-party support for a key amendment to the #NationalSecurityBill that would require political parties to take steps to tackle the risks of accepting donations from foreign powers. A🧵 spotlightcorruption.org/press-release-…

Breaking: Israel has seized 190 @BinanceUS accounts it says were being used by ISIS and Hamas in major #CFT operation. amlintelligence.com/2023/05/breaki…

After years of inaction, the EU finally added corruption to their Magnitsky Act. It still will require all 27 member states to sign off, but now the EU will be in line with the US, UK, Canada and Australia firstpost.com/world/eu-eyes-…

Cryptocurrency is becoming an increasingly popular tool for organised crime to conduct money laundering and other crimes related to corruption. We analyse it in this #HelpdeskAnswer developed with @U4_ACRC. ➡️ anticorru.pt/2NB

We have had the pleasure of hosting the new Director of the #Jersey FIU and one of his Team Leaders this week. Some thought-provoking discussions on the future of FIUs, #PPPs, strategic planning, the use of technology, and the creative work being done by #Gibraltar FIU

Give Sanctions Regime Proper Teeth To Deal With Dirty Money forbes.com/sites/ewelinao…

Thank you ⁦@DavidAltonHL⁩ for your amendment to the Economic Crimes Bill which would allow the UK to seize oligarchs sanctioned property. Why the gov’t hasn’t proposed this is beyond me, but good that you’re making things happen in spite of them. Londongrad needs to end

How are different jurisdictions managing cyber risk? Read our new report by @HuschPia and @MrJamesSullivan that examines the #cybersecurity policy, regulation, and legislation in the UK, US, Canada, Japan, Singapore, and the EU. rusi.org/explore-our-re…

As the @ukhomeoffice announces the new Fraud Strategy, NCA Director General Graeme Biggar has issued the following statement:

The European Union is likely to reach a political agreement this year that will pave the way for the world’s first major artificial intelligence (AI) law, the bloc’s tech regulation chief Margrethe Vestager said . cityam.com/vestager-ai-la…

This May, The Fintech Times will be looking at everything regtech, from compliance development to the evolution of suptech and more. Be sure to stay tuned! thefintechtimes.com/may-at-the-fin…

A few weeks ago, I was invited by ⁦@IndexCensorship⁩ to give a speech at ⁦Trinity College in Dublin about how libel suits have been used by Russia to intimidate me. Today I discovered Trinity won’t release the video out of fear of being sued!?! irishexaminer.com/opinion/ourvie…